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Short December Notes

Image may contain: 5 people, including Phillip Provost and Jenna Leigh Provost, people smiling, people sitting, christmas tree, eyeglasses and indoorThe Macy’s 23rd Annual Parade of Lights went very well here at our office!  We had more families than ever join us for our viewing station. We gave out over 700 cookies, all of our hot cocoa (more than 400 cups), all the whip cream, and all our marshmallows! Some of our Realtors sponsored Santa Claus coming to our lobby, and they took photos of the kids and families. Thank you to Phillip and Jenna Provost for providing the Santa and taking photos.

There’s good news on new planning and zoning regulations coming after the first of the year. We will see where we can work on higher density rules this next year in 2019. It might open up more lots for multi-family units including duplexes and four-plexes. It is a good move.

Walla Walla is on the edge of another big move with new families moving to town and new businesses; including hotels, restaurants, and small cottage businesses. It is going to be fun to watch.

Image result for walla walla valleyUnderstand the value of living in our valley and what we do not have to concern ourselves with.  Paradise California, the southern coast, tornadoes in the Midwest and lots of others issues we just do not have to worry about.

I love the Walla Walla Valley. See you next time.

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors®

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Fall is here. There are cool, fresh, mornings and rain once in awhile. The other morning I was greeted by 39 degrees on my patio! That was the coldest morning for some time.

Our State is doing well economically with the highest GDP in the nation this past August at 3.6%. The average weekly wage in August was $1,124 and that was second only to Washington DC. Walla Walla is doing great as well – we have a lot of construction going on at Wallula and the Port of Walla Walla’s business Park. Boise Cascade is spending about $161,000,000 in renovation of the plant to move from white paper to cardboard.   There is an increasing demand for boxes with all the shipping on-line stores are doing, especially Amazon.

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Tractor Supply Company has opened, and the new building for Norco is moving along on Dallas Military Road. El Sombero is coming along well with their new building on Second and we are all hoping for the opening of the Walla Walla Steak House in the Depot building with the new Brewery next to it. I see a big sign on Myra for the new MOD Pizza.

Lending is going well for new mortgages, but interest rates are moving higher. They are around 5% which the highest in eight years. If you are looking for a new home, talk with your lender and see what your rate might be and confirm you are still qualified for the amount you were told earlier in the year. If you do not have a lender talk with Tera Davis from Academy Mortgage – she is the best I have worked with for my forty plus years in the business.

Fall is here. Get your home prepped for winter!

Let me know if I can help,

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors®

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There is lots of construction going on in Walla Walla. Still the mall is moving forward with more tenants and more landscaping. Norco is building an approximately 10,000 sq ft building on Dalles Military road just east of the Hotel, and the new Steak IMG_7260House/Brewery is moving ahead on 2nd Street and it will be a great addition to our community. While you’re on 2nd Street, be sure to drive by the new El Sombero.  These are great additions to the entry on Second Street. Lastly, don’t miss Tractor Supply Company – it’s now opened on West Rose and will be holding a grand opening on September 29th. I’m so excited about all of these great additions to our community.

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I am currently working with the City and the Walla Walla Association of Realtors on the REET 2 tax and how it would be used. The tax is .25%, and the agreement I am working on is that Walla Walla could move ahead with the tax on closed Real Estate transactions, and they will place the funds in a restricted account for repair of bad sidewalks. The law now puts this liability on the property owner to repair sidewalks that create tripping hazards for pedestrians, which usually impacts our seniors and younger children. The restricted funds will be managed by a special committee and there will be Realtor members of the committee for oversight and to make sure the funds are used just for what all agreed upon. This would be good for the community, and for the sale of your home if you have weak sidewalks.

The Real Estate market is still very strong. We need more construction of apartments and multi-family units in our area, but the zoning we have just does not allow for many new units. In the new comp-plan, we need to add more RM zoning and R-60 to allow more construction.

The Port is working on a lot of new clients with the renovation of the Boise Cascade Plant from white paper to cardboard in the amount of around $160 million dollars and Tyson is adding a new hamburger line for a certain fast food chain that uses square burger patties, guess who?  Also, in the works is a huge french fry plant that could end up hiring up to 450 jobs and when they do the second phase it would be one of the larger French Fry plants in the world.  Wow!

We’ll talk to you next time,

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors®

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We’re getting close to the fair. As always, we will be hosting a viewing station in front of our office with chairs, coffee, cookies, juice, Balloons, and other handouts. This is a great spot to watch the parade and have some goodies!

Image result for willow charter school walla wallaSchool is starting next week.  It is hard to believe it is coming up again! Willow Charter Middle School just started, I worked hard with them to find a location and the Catholic Schools allowed them to use Saint Pats on Poplar – it works great. Their first two classes are moving ahead: a sixth and seventh grade. You still might be able to enroll your child, be sure to explore those options if you’re curious.

I was surprised and couple of weeks ago when they presented me an award, one of their first for being a big dreamer to make the school happen. It is such a great addition to our valley and options for our parents to choose where their child will work on the early learning they receive to move them forward to high school and college. Thank you Dan Calzarata for all you have done.

RImage result for housingesidential rental properties in the area are very tight. We manage about 650 doors and we have less than 1% vacant at any given time recently. I’m pleased that our City did not agree to give the developers a tax waiver for the new units they want to build where our Elks Club is located. If they did, all builders would want the same treatment and that would not be a positive move for rentals or our community.

2018 has been a good year. There’s been a big increase in retail construction as well as residential. My only concern is the increase in sale prices – for our market will start to price out our Firemen, Police, educational, with what they earn. If they cannot afford a home they will move to another  community.

Despite this, Walla Walla is still a great place to live.

Thanks for reading,

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors

What is new in Walla Walla? Well a couple of things – If you have been out on West Rose, you see a lot of work going on in the old printer company/grocery store in the 1400 block, and I am excited to tell you it is a Tractor Supply Company. They are a great company and a wonderful addition to our valley. I haven’t heard a date for the opening, but they are definitely working full speed to prepare.

https://wallawallarealestate.wordpress.com/wp-content/uploads/2018/07/03d84-social-ps.jpgWalla Walla Town Center is still moving on with new openings. It is a great addition to the area and will generate new tax revenues. Good work to everyone involved on getting it rolling.

Willow Charter School getting ready to open. It will be great to have another alternative school for our children and parents to choose from. They are planning to be opening in August at the St. Pat’s School between Poplar and Alder. I think it will work well.

Image result for el sombrero walla wallaEl Sombero has started their new building on Second Street. It is great to see the movement to a new building. They are a great family and we are lucking to have them in Walla Walla.

The two musicals are ready to start next weekend at the Power House Theater. First up is Annie. This is just a wonderful production. Tyson Kaup is directing again this year. The show will include local actors, musicians, and singers. You will love it! Following that will be a fun show I have fond memories of: “Nine to Five”. Again https://i0.wp.com/phtww.com/wp-content/uploads/2017/02/Tyson-IG.jpgTyson is directing and we are bringing in some special talent to help from Seattle, to help make the show just jump. Go to the Power House website and get your tickets.

Walla Walla is jumping this year. I really enjoy watching the changes.

If I can help give me a call.

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors®

Image result for indian john hill traffic washingtonIt was a few weeks ago now – but my Father’s Day was great, and I hope yours was as well. I was in Seattle with my daughter Melanie, son Josh, and their special partners for dinner and nice conversation.  It was great!  Sunday we headed to a Mariners game and then back to Walla Walla. In Bellevue at 4:30 PM that Sunday it was 87 degrees and not a cloud in the sky. Driving back was a breeze going east on 90, but the West 90 was bumper to bumper from West of the Summit to Indian John Hill. It was ugly!

Image result for walla walla hobby lobbyIn local news, Walla Walla Town Center is starting up. More and more stores are opening their doors. Sportsman’s Warehouse was first to be up, MOD Pizza is under construction on the far west end of the Center on Myra – you can see the blocks being stacked. Ulta and Bed Bath and Beyond are up and running with Hobby Lobby was the most recent to get rolling. This is exciting to watch.

Image result for walla walla foundry sculptureWe are also blessed with wonderful arts, theater, entertainment; and one of the best in the world in producing sculptures with brass, stainless steel, and wood with Mark Anderson’s Foundry. We have the Little Theater, Power House Theater, and Shakespeare Walla Walla.

The Gesa Powerhouse Theatre is producing two musicals this year in late July and early August. “Annie” will be the first, and another great Image result for gesa powerhouse theatre annieproduction to bring out the entire family with a really funny, entertaining show “9 to 5”. Almost all of the actors and actresses are from the Walla Walla valley and we have some great talent. Little Theater has their season in place with several productions that will be a real treat for Walla Walla. Shakespeare Walla Walla is doing “The Tempest” which is a powerful production and will be awesome to view.

The Walla Walla Association of Realtors joined forces with Blue Mountain Action Council for the annual Care and Share Golf Tournament on June 15th, and they raised an amazing amount! $40,000 plus dollars which will produce over 200,000 meals in our Valley. Great job Walla Walla.

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Image result for sweet lou walla wallaOur famous Walla Walla Sweet Onions are out. The Arbini onions on Wallula Road are out and I think they are some of the best. Locati’s are great as well. Get your onions soon! I really enjoy cutting one in half, putting salt, pepper and butter on it and wrapping in foil to put on the grill or oven. It makes a wonderful addition to your Summer BBQ.

Call if I can assist, have a great weekend.

 

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors®

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May has been a good month for the Valley. We’ve had good rain, mixed with sun. I love living in our valley!

Walla Walla Town Center is moving ahead rapidly. Landscape, black top, and curbing all going in and it is very attractive. It should help with the sales tax dollars that are escaping out of our area.

I just attended the Port’s EDAC meeting this past Tuesday and found Image result for wallula junctionout some amazing information about sales tax dollars in the State.  King County represents 41% of all sales tax generated in our state at $15,473,396,000 and Walla Walla County has $230,382,000 which represents .6% of the sales tax revenue in our state. I see why King County is so powerful..

Unemployment is average for the State. Walla Walla County for March of 2018 was 5.3%, Yakima 7.6%, Benton 6%, Franklin 7.7%. We are doing alright with unemployment and our work force is growing a little with 29,639 vs. 28,602 in 2017. We will see a lot of sales tax dollars with all the new construction coming for the Port at their Wallula projects. Millions are being invested with the paper mill making the change over from white paper to corrugated materials.

Image result for starbuck washingtonThere is a ton of new business throughout the area. Columbia Pulp plans to open a June opening for the conversion of wheat straw to a paper product. It will have a lot of employees which I do not know the total, but it will grow. My question is: where will they live? Rentals in Waitsburg and Dayton are almost non-existent. I do not feel Starbuck has anything and Walla Walla is over 95% full. We will see!

The MLS residential sales in comparison to 2017 are positive. In January through April of 2017, our MLS had 210 sales – where in the same time period this year, we’ve had 239. The average days on market have decreased since last year, which reflects the low inventory and quick movement of homes when they come on the market.

We still have short inventory, and prices are moving up as well as mortgage rates. Now is a good time to make a move, before prices and rates make it harder for you.

Thanks for reading,

 

Dennis M Ledford, Owner/Broker
Coldwell Banker First Realtors

Image result for walla walla valley blue mountainsWell, I’m back from a great Spring trip! We landed first in San Diego and spent 4 nights in Old Town. I love Mexican food so it is the perfect spot for Donna and me. We had great weather, mid 70’s and mostly sunny. We stopped in Palm Desert, Laughlin Nevada, Peoria Arizona, Porterville California – then back to Portland, and then to our Condo on the Oregon Coast; and finally to Bend. We were out almost a month, but when I come over Nine Mile Hill, I reflect that I did not see anything on our trip that was more beautiful than our Valley.

https://bloximages.newyork1.vip.townnews.com/union-bulletin.com/content/tncms/assets/v3/editorial/9/71/97123d82-31e9-11e8-ab0d-5713a35ad96f/5aba882ca2031.image.jpg?resize=750%2C499News that is happening in Walla Walla while I was traveling – Sonic has signed a contract to be in Walla Walla Town Center. They have over 3,500 locations and serve 3,000 customers a day – that is big! It will be great to have them in Walla Walla. Also, the moving of the Amtrack Car at Jacobi’s – getting ready for the renovation of the building, to house thehttps://www.fireandvinehospitality.com/wp-content/uploads/crossbuck-sm.png Walla Walla Steak Co. and Crossbuck Brewing; which will be opening this Spring. I am excited to have another Brewery and a Steak House in our little valley. I love a good steak!

I just heard this morning that Pacific Power had a big issue in the Wallula Junction area that shut down several of those businesses for hours – someone had broken into one of the main boxes and stolen or attempted to steal the copper wire inside so that they could sell it. They were out for 9 hours because of this! Pacific Power, as always worked hard to get it repaired. They do a great job.

Interest rates have moved a little higher, but they’re not scary. It is about 4% currently, but you can do some searching to find a good rate, good amortization, and fee. Just take some

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time to look. We are still getting listings and they are selling reasonably fast. Not quite at the level they are seeing on the West Side – the days on market in Seattle is 8 days. WOW!

If you are Downtown and near my office, go to the front window and look at our new interactive window. It will give you access to the entire MLS with the touch of your finger, and you do not have to have a computer or a phone to find out information on homes for sale in Walla Walla. It’s a great interactive tool.

Remember, if I can assist give me a call!

Dennis M. Ledford, Owner/Broker

Coldwell Banker First Realtors®

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It’s a good Winter day! The sun is out and a really nice day. I love getting into my hot tub in the morning and feeling the jets working on my back.

New out recently is that Key Technology was sold to a privately owned company, Duravant. They own several companies, and some similar to Key – but they feel they need Key to complement their ownership group. All indications are that they plan to stay in Walla Walla, which is good news.

Walla Walla Town Center is moving along. We might see some completion in the next 120 days. It has been a long time coming!

Construction is happening in several spots. Old Nita’s Auction is down and a small strip mall is going in. Big car wash, coffee shop, and maybe a couple of other small spaces to fill. It will be great to see that entry to Walla Walla cleaned up. Good luck to the new group moving in, it should be a great location.

Short notes of the Port EDAC meeting I would like to share.

  1. Boise Cascade at Wallula has made the decision to re-tool their plant and move from white paper to corrugated products. This is a 150 million dollar investment.   We feel they will stay, with that heavy of an investment.
  2. Rail-Ex sold to Union Pacific. They have increased traffic from three departures a week to five departures.  This is a positive move to get our products back to the East Coast.
  3. Simplot has agreed with the Port after some zoning changes by the County to move ahead with the building of a new Potato French Fry plant. Good news for our County tax base!
  4. Hi-Way 12 Phase #7 is fully funded with a start date in 2019-20. Once phase 8 is funded and approved we will have four lanes to the West side of the State which will be great for our area in many different ways.
  5. All the economic news we received from the Port was very positive for our area.

Image result for el sombrero walla wallaEl Sombrero will be starting construction of their new building just off Second Street in 60-90 days. They are excited to get it going and have felt very good about the cooperation the City has given them. They feel they will only be down for two weeks. Thank you City for helping this great business.

Real Estate is picking up with listings coming on and sales continuing to move up. Prices and rents are moving up.

Related imageWe have definite housing issues for the homeless and low income families but as rent moves up and sales prices increase, our core group of families are pressured as well.   Our new teachers, firemen, policemen, and other community groups need affordable housing as well and if they cannot find it in Walla Walla they will go to other communities where they can find affordable housing. If we cannot house them, it will create a real issue of the strength of our community.

Let me know if I can help, and if you have some news let me know. I am sharing an aerial shot of the progress on the Mall for your entertainment.

Thanks

Dennis M. Ledford, Owner/Broker
Coldwell Banker First Realtors®

Thank you all for reading. Today I’ll be featuring a guest blog written by my granddaughter, Haley J. Ledford – I think she has a great young-persons perspective on this topic!


We’ve all heard the stories of people being fired from their jobs because of something they posted on Facebook or Twitter and it has made us all somewhat more conscious of what we say online. It seems, however, that in light of the social media boom, we’ve forgotten to be conscious of what we say and do in real life – and not just online. If you can get fired for something on Facebook, you certainly can lose out on opportunities for things you do in real life, and that’s why good references matter.

https://cdn0.iconfinder.com/data/icons/admin-panel-glyph-black/2048/608_-_Referrals-512.pngThis is not your parent’s pep talk about managing a credit card so you have a good credit score, and it’s not your grandma’s sermon on being a good person either. We all have our moments where we don’t behave as we should, but make it a habit and soon no one will be able to vouch for your character; no one can give you a good reference. When you want to rent an apartment, you need references. When you find an opening for a job so much better than the one you have now, you need references. When you are in the running for most adult things, you need references – and good ones at that. If your only reference is your old landlord who kicked you out for noise complaints, you’re out of luck.

Image result for reference pngYes, “adulting” is hard, but part of “adulting” is building references of your character and your ability to act responsibly. Think of it as your stats for how good you are at “adulting”. If your references read more like a rap sheet than glowing praise, know now that it’s time to suit up and take things more seriously. It only gets harder getting older, so don’t stop yourself from realizing your dreams by getting poor references everywhere you end up. References matter because in the same way you don’t want Facebook to get you fired, you don’t want your actions to get you denied from your next home.

“Why Good References Matter”
By: Haley J. Ledford